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What is the present value payback

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Question - Bridges LLC is investing in a new machine that costs $200,000. The new machine would generate cash flows of $150,000 for each of the next three years. Bridges uses a discount rate of 10%. What is the present value payback?

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a. 1.25

b. 1.51

c. 1.65.

d. 1.73

Reference no: EM131716340

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